Businesses should pay their fair share after tax reform

By Harry Stein
Posted on March 2, 2016, 9:48 am

Sixty-nine percent of Americans say corporations pay too little in taxes, according to a 2015 Gallup poll. But inside Washington, the conversation about reforming business taxes seems to focus on cutting the corporate tax rate as much as possible, rather than ensuring that corporations pay their fair share in a smart, sensible way. If business tax reform reduces tax breaks for corporations, many politicians want to give all of the resulting tax revenue back to corporations in the form of a lower tax rate.